Cardano Founder Charles Hoskinson Announces Major Node Upgrade

Charles Hoskinson, the founder of the well-known blockchain platform Cardano, has recently announced a crucial development. The Cardano Node is reportedly getting ready to touch 9.0, with the ‘Cardano is Chang’ fork waiting for the installation of the exclusive node on seventy percent of stake pool operators. The popular entrepreneur discussed this development on his official X account.

It looks like June will be the month that Cardano Node will reach 9.0. This means that Cardano is Chang fork ready and waiting for 70 percent of the SPOs to install the new node. Then, a hard fork can occur pushing Cardano into the Age of Voltaire.
It's the most significant…
— Charles Hoskinson (@IOHK_Charles) June 9, 2024

Charles Hoskinson of Cardano Announces a Unique Node’s Installation

Hoskinson noted that the current month will witness Cardano Node reaching 9.0 spot. According to him, this signifies the preparation of the above-mentioned fork. Following that, a hard fork will potentially take place to make Cardano enter the Age of Voltaire. While commenting on this, Hoskinson expressed his enthusiasm regarding this move.

The entrepreneur added that the respective development plays the role of a huge landmark in the company’s history. In addition to this, it also offers benefits to the entire market. The platform will reportedly establish a decentralized civilization. That civilization will potentially consist of several million participants around the globe. Hoskinson also mentioned that the company focuses on advancing its blockchain governance mechanism.

The Company Aims to Improve Annual Budgets and Treasury

Apart from that, the firm is also paying considerable attention to improving its annual budgets as well as treasury. Along with doing all this, the company will reportedly leverage the wisdom of the whole community thereof. Some of the people working under Cardano have been moving on this venture for the past 10 years. He asserted that the upcoming decades will likely witness remarkable developments in the Cardano ecosystem.

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.